NPR Topics: U.S.

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Saturday, February 18, 2012

The Questionable Economics of the Keystone XL Pipeline - Businessweek

The Questionable Economics of the Keystone XL Pipeline - Businessweek

Clearly, the construction of the pipe, most of it below ground, will be a huge undertaking. The estimated number of people it will employ in the process, however, has fluctuated wildly, with TransCanada raising the number from 3,500, to 4,200, to 20,000 temporary positions and suggesting the line will employ several hundred on an on-going basis. The U.S. State Department, which made its own assessment because the pipeline crosses the U.S.-Canada border, estimates the line will create just 20 permanent jobs. One advantage of a pipeline, after all, is that it’s automated.

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